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Host Glenn Solomon sits down with Elizabeth Weil, founder and Managing Director of Scribble Ventures. Elizabeth shares her remarkable journey from early venture roles to helping scale Twitter from 50 to 3,000 people, building the market development function at Andreessen Horowitz, and ultimately founding Scribble Ventures. She discusses her transition from prolific angel investor (100 companies, 23 unicorns) to managing institutional capital, the breakout success of investments like Whatnot, and her perspective on today's frothy AI market. The conversation explores what makes great founders, common mistakes in the AI era, and the future opportunities Elizabeth is most excited about.
Timestamps:
0:00 – Episode Overview & Introduction to Elizabeth Weil
1:06 – Early Career in Venture Capital at Menlo & IVP
3:38 – Cold-Calling Odeo & First Encounter with Twitter
4:28 – Joining Twitter & Building Corp Dev During Hypergrowth
6:27 – Twitter's Cultural Impact & Creating a "Public Utility"
8:51 – Experience at Andreessen Horowitz & Market Development
10:59 – Advising Startups on Selling to Enterprise
12:09 – Meeting Kevin & The Origin Story of Scribble
14:14 – Building a Personal Angel Portfolio of 100 Companies
15:38 – The Decision to Raise Scribble's First Fund
18:31 – Early Investment in Whatnot & Returning Fund I
19:26 – What Elizabeth Looks for in Founders
21:04 – Common Mistakes Founders Make & The Importance of Moats
22:03 – Navigating Today's Frothy AI Market & High Valuations
24:35 – Investment Focus Areas: Health, FinTech, Education & More
25:26 – The Future of AI-Powered Education
27:04 – How AI Will Preserve Human Knowledge Across Generations
27:33 – Closing Thoughts & Staying Curious
Follow Elizabeth Weil:
X - @Elizabeth https://x.com/elizabethLinkedIn - https://www.linkedin.com/in/elizabethweil/Follow Notable Capital:Find Us On X: https://x.com/notablecapFind Us On LinkedIn: https://www.linkedin.com/company/notablecapitalVisit Our Website: https://www.notablecap.com/Subscribe on Spotify: https://open.spotify.com/show/43j3cMkcKIgHuXu1tFHWpz?si=a326d0cd016f47c0Subscribe on Apple Podcast: https://podcasts.apple.com/us/podcast/notable-perspectives/id1392649094